Software Functionality Revealed in Detail
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sap financial processes applications

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Documents related to »sap financial processes applications

“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting—and is still a key part of today’s global finance function. Do you know how to overcome the barriers to a fast, high-quality close? Discover solutions that can help you improve your close times and address the challenges of automating and testing internal controls.

In addition to traditional duties like financial planning, reporting, and governance, chief financial officers (CFOs) and financial managers are being tasked with more strategic responsibilities. Learn how the right data, performance management applications, and resources can help finance managers improve operational efficiency, ensure regulatory compliance, and control performance for maximized profitability.

IFS’ win streak from late 2012 seems to be flowing into 2013. On January 16, 2013, the global enterprise applications company announced that Vantaa Energy Ltd., one of Finland’s largest urban energy companies, has selected IFS Applications 8 to streamline its business processes.
The Selection Rationale
In September 2011, Vantaa Energy reportedly started to look for a new business

sap financial processes applications over competing solutions from SAP and Microsoft Dynamics . There were two main focal points in the selection: Functional fit —IFS got the highest points in the following evaluated areas: financials, procurement, maintenance, facilities management, construction, and project management. This showed that IFS has a very good functional fit for an energy company. Energy and utilities is one of IFS’ prioritized market segments. Since it was founded, IFS has developed and delivered best-practice-based,
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Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. IFS Applications' service-oriented architecture (SOA) is designed to help companies collaborate with partners, suppliers, and customers. IFS Applications are a comprehensive business system for midsize and large organizations.
In addition to the processes that are supported by all business systems, such as finances, inventories, traditional manufacturing, and customer management, IFS Applications support the entire lifecycle of products from construction to maintenance and aftermarket services.

Enterprise performance management (EPM) applications for
finance, which are part of the SAP BusinessObject EPM solutions, cover the full
lifecycle of financial management. The applications integrate enterprise data
and processes to streamline traditional finance processes.

sap financial processes applications are part of the SAP BusinessObject EPM solutions, cover the full lifecycle of financial management. The applications integrate enterprise data and processes to streamline traditional finance processes.
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Pacific Applications (PA) is a business and technology consulting company offering independent and impartial advice in selecting the right enterprise software and implementing the right technologies for heterogeneous technology environments. PA specializes in software selection, software development, and IT consulting and services.We collaborate with organizations across all industry sectors, from large enterprises to dynamic mid-market organizations, achieve real competitive advantages. Our goal is to improve business performance by optimizing and automating business process, using both software and infrastructure technologies as the catalyst for change, and putting knowledge at the finger tips of decision makers. Established in 2004, Pacific Applications has since provided unique software solutions and systems that have improved productivity, reduced process inefficiencies and increased profitability for our clients.

Caruna, the largest distributor of electricity in Finland, recently selected IFS Applications as its central enterprise resource planning (ERP) software. The win is yet another testament to IFS’ strong competitiveness in the energy and utilities sector.

In Managing Financial Performance: Closing the Gap Between Strategy and Execution, learn how a unified, closed-loop performance management system...

sap financial processes applications Financial Performance: Closing the Gap Between Strategy and Execution Managing Financial Performance: Closing the Gap Between Strategy and Execution Virtually all businesses produce plans and budgets—and then measure company progress against objectives. But high-performing companies go a step further by employing an enterprise performance management (EPM) solution to measure, manage, and monitor performance. In Managing Financial Performance: Closing the Gap Between Strategy and Execution ,
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At the recent SAPPHIRE NOW and SAP TechEd event in November, SAP announced the next-generation SAP HANA platform. TEC Principal Analyst P.J. Jakovljevic was there and brings you all the details in this TEC Report. Download the report to get the latest developments to SAP HANA and how this platform can help companies gain insights into their business in real time, and may even help healthcare organizations cure cancer.

sap financial processes applications recent SAPPHIRE NOW and SAP TechEd event in November, SAP announced the next-generation SAP HANA platform. TEC Principal Analyst P.J. Jakovljevic was there and brings you all the details in this TEC Report. Download the report to get the latest developments to SAP HANA and how this platform can help companies gain insights into their business in real time, and may even help healthcare organizations cure cancer.
Read More

SAP Jam brings together several types of social
collaboration including social networking, collaboration with external
participants (customers, recruits, partners, vendors, suppliers), structured
collaboration for problem solving (business tools to strategize, rank items,
enabling groups to weigh in on options, etc.), and business process integration.
This combination of features enables businesses to seamlessly bring social into
any process: social learning, social opportunity management, collaborative
customer engagement, etc.

sap financial processes applications Jam SAP Jam brings together several types of social collaboration including social networking, collaboration with external participants (customers, recruits, partners, vendors, suppliers), structured collaboration for problem solving (business tools to strategize, rank items, enabling groups to weigh in on options, etc.), and business process integration. This combination of features enables businesses to seamlessly bring social into any process: social learning, social opportunity management,
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No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government regulations, to ensure a secure environment for processing, storing, and transmitting credit card information. At the same time, most companies need mobile technology to compete. Know how to provide financial services mobility while ensuring that no breaches occur? Read more.

sap financial processes applications Mobility-Balancing Security and Success No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government regulations, to ensure a secure environment for processing, storing, and transmitting credit card information. At the same time, most companies need mobile technology to compete. Know how to provide financial services mobility while ensuring that no breaches occur? Read more.
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